BlackRock Smaller Trust (LSE:BRSC) Net Margin %: 98.48% (As of Feb. 2026) — Near Median


LSE:BRSC BlackRock Smaller Companies Trust PLC LSE:BRSC
36 GF Score
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What is BlackRock Smaller Trust Net Margin %?

BlackRock Smaller Trust LSE:BRSC -1.08% 36 Net Margin % is 98.48% as of Feb. 2026, which is 1% below its 10-year median of 99.46. GuruFocus rates LSE:BRSC with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 1,579 Asset Management companies, BlackRock Smaller Trust ranks better than 70.93% on this metric.

Net margin is calculated as Net Income divided by its Revenue. BlackRock Smaller Trust's Net Income for the six months ended in Feb. 2026 was £47.32 Mil. BlackRock Smaller Trust's Revenue for the six months ended in Feb. 2026 was £48.05 Mil. Therefore, BlackRock Smaller Trust's net margin for the quarter that ended in Feb. 2026 was 98.48%.

The historical rank and industry rank for BlackRock Smaller Trust's Net Margin % or its related term are showing as below:

LSE:BRSC' s Net Margin % Range Over the Past 10 Years
Min: 97.98   Med: 99.46   Max: 132.22
Current: 97.98


LSE:BRSC's Net Margin % is ranked better than
70.93% of 1579 companies
in the Asset Management industry
Industry Median: 84.88 vs LSE:BRSC: 97.98

BlackRock Smaller Trust  (LSE:BRSC) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


BlackRock Smaller Trust Net Margin % Related Terms


BlackRock Smaller Trust Net Margin % Historical Data

* Premium members only.

The historical data trend for BlackRock Smaller Trust's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

BlackRock Smaller Trust Net Margin % Chart

BlackRock Smaller Trust Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.56 100.72 103.29 132.22 97.98

BlackRock Smaller Trust Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.20 99.41 100.43 96.19 98.48

LSE:BRSC vs BLK, BX, KKR: Net Margin % Comparison

For the Asset Management subindustry, BlackRock Smaller Trust's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlackRock Smaller Trust Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Smaller Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where BlackRock Smaller Trust's Net Margin % falls into.


LSE:BRSC
36GF Score
BlackRock Smaller Companies Trust PLC LSE:BRSC
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock Smaller Trust Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

BlackRock Smaller Trust's Net Margin for the fiscal year that ended in Feb. 2026 is calculated as

Net Margin=Net Income (A: Feb. 2026 )/Revenue (A: Feb. 2026 )
=60.205/61.446
=97.98 %

BlackRock Smaller Trust's Net Margin for the quarter that ended in Feb. 2026 is calculated as

Net Margin=Net Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=47.316/48.047
=98.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 98.48% mean?
BlackRock Smaller Trust (LSE:BRSC) has a Net Margin % of 98.48% as of Feb. 2026. Net margin is the ratio of total net income to net sales. View historical data on BlackRock Smaller Trust and its competitors. This is near median its historical median of 99.46. Over the past decade, BlackRock Smaller Trust's Net Margin % has ranged from 97.98 to 132.22. According to the industry distribution chart, BlackRock Smaller Trust ranks #459 out of 1579 companies in the Asset Management industry, placing it in the top 29.1%.
Is BlackRock Smaller Trust's Net Margin % too high?
BlackRock Smaller Trust's current Net Margin % of 98.48% is near median its 10-year median of 99.46. Over the past 10 years, this metric has ranged from a low of 97.98 to a high of 132.22. The Asset Management industry median Net Margin % is 84.88. BlackRock Smaller Trust's value of 98.48% is 16% above this industry median. Based on the distribution chart, BlackRock Smaller Trust ranks #459 out of 1579 companies in the Asset Management industry, which is above the industry midpoint. Overall, BlackRock Smaller Trust has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock Smaller Trust's Net Margin % compare to BLK and BX?
According to the Asset Management industry distribution chart, BlackRock Smaller Trust ranks #459 out of 1579 companies for Net Margin %. This puts BlackRock Smaller Trust in the upper half of its industry. The industry median Net Margin % is 84.88. BlackRock Smaller Trust's value of 98.48% is 16% above this benchmark. Historically, BlackRock Smaller Trust's own Net Margin % has ranged from 97.98 to 132.22 over the past decade. While the company's 10-year median is 99.46 vs. the industry median of 84.88, BlackRock Smaller Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.88, based on 1,579 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock Smaller Trust's current Net Margin % of 98.48% is 16% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on BlackRock Smaller Trust and its competitors. For the Asset Management industry, the median Net Margin % is 84.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock Smaller Trust's current Net Margin % is 98.48%, which is near median its own 10-year median of 99.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Smaller Trust stock overvalued right now?
BlackRock Smaller Trust (LSE:BRSC) has a current Net Margin % of 98.48%. The current Net Margin % is 98.48%, which is near median its 10-year median of 99.46 and 16% above the Asset Management industry median of 84.88. BlackRock Smaller Trust's overall GF Score™ is 36/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For BlackRock Smaller Trust (LSE:BRSC), the current Net Margin % is 98.48% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BlackRock Smaller Trust Business Description

Address 20 Brandon Street, Dundas House, Edinburgh, GBR, EH3 5PP
BlackRock Smaller Companies Trust PLC is a UK-based investment trust company. Its investment objective is to achieve long-term capital growth for shareholders through investment mainly in smaller UK quoted companies. The company mainly attracts long-term private and institutional investors wanting to benefit from the growth prospects of smaller companies. It focuses on investing UK smaller companies which are listed on the London Stock Exchange or on the Alternative Investment Market. The firm has adopted a consistent investment process, focusing on good quality growth companies that are trading well and it also considers sector weightings and underlying themes and method of stock selection.
36GF Score

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